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News  ›  GlobeNewswire Inc.

DeFi Crypto Mutuum Finance (MUTM) Finalizes Core Lending Features Ahead of V1 Launch

GlobeNewswire Inc. Logo GlobeNewswire Inc. By Na
DeFi Crypto Mutuum Finance (MUTM) Finalizes Core Lending Features Ahead of V1 Launch

Mutuum Finance, a decentralized lending and borrowing protocol, has finalized its core features and raised $19.5M through presale, with approximately 820M of 1.82B tokens sold. The project is preparing for V1 beta deployment on Sepolia testnet, featuring ETH and USDT support, and has completed security reviews with Halborn Security while launching a $50k bug bounty program.

Insights
MGRB   neutral

The company is making a routine financial adjustment to its convertible securities based on quarterly dividend payments, which indicates standard corporate financial management without significant positive or negative implications


GLNK   neutral

Chainlink is mentioned as a planned oracle infrastructure provider for price feeds in Mutuum Finance's protocol, but this is a standard integration choice for DeFi projects and does not represent material news for Chainlink itself.